MOP 6.00 Closing editor: Sara Farr Year III
Number 538 Wednesday May 14, 2014
Publisher: Paulo A. Azevedo
Discount bonanza
Once casino merchandise and inexpensive meals were the norm. Today, come-on packages have gone upscale with everything from luxury hotel rooms to fine dining to free gaming play. Promotional budgets are skyrocketing, with some resorts increasing spend by 50 percent last quarter Page
5
www.macaubusinessdaily.com
Credit where Getting stronger credit’s due More credit cards entered into circulation at the end of March. Cash advances in Q1 hit MOP192.3 million. Dual-currency credit cards are the main driver behind an increase in yuan credit cards; whilst official figures show that most people used credit cards denominated in patacas
Bloomberry Resorts Corp expects at least 10 percent annual growth in gaming volume as its Solaire Resort & Casino in Manila brings in more high rollers from Asia Page
16
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HSI - Movers May 13
Page
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Name
%Day
China Resources Lan
5.29
China Overseas Land
3.81
Sino Land Co Ltd
3.36
PetroChina Co Ltd
2.78
Cathay Pacific Airwa
2.18
China Life Insurance
-0.74
Tingyi Cayman Islan
-0.90
China Unicom Hong K
-0.97
Li & Fung Ltd
-1.10
Want Want China Ho
-1.31
Source: Bloomberg
I SSN 2226-8294
No to the compensation Show me the money: buyers More legislators speak out against the bill which advocates a generous welfare package for outgoing principal officials but political scientists expect the bill will get through regardless Page
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Some buyers from the corruption-tainted luxury home project La Scala may still press for legal proceedings to demand compensation from the developer despite the offered refund Page
6
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